§ 29-4-1 [Police board may establish trust funds; purpose.]
§ 29-4-2 [Provisions governing trust funds; trust agreements; approval by governor, police board and insurance department [public regulation commission].]
§ 29-4-3 [Contributions to funds; maximum.]
§ 29-4-4 State contributions to funds; liquidation
§ 29-4-5 [State treasurer is trustee of funds; duties.]
§ 29-4-6 [Pension consultants; employment; duties.]
§ 29-4-7 [Annual report of trustee.]
§ 29-4-8 [Administration of pension program; pension advisory board; membership; assistance to trustee.]
§ 29-4-9 [Repeal of conflicting laws; fees, rewards and previously accumulated funds go into supplementary trust fund.]
§ 29-4-10 [Interest in trust fund not subject to assignment, lien or judicial process; trustee may pay expenses.]
§ 29-4-11 [Effective date of act and pension program; approval of governor, police board and insurance department.]
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Terms Used In New Mexico Statutes > Chapter 29 > Article 4 - State Police Pension Fund

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Trustee: A person or institution holding and administering property in trust.